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Finance & Accounting

alternartive lenders outsourcing efficency lending blog

How Are Alternative Lenders Achieving In-House Efficiency Through Outsourcing?

By Business Process Outsourcing, Finance & Accounting, Financial Services, Management
The lending space has been undergoing significant changes over the past few years, as the number of alternative lenders has dramatically increased.  This rapid growth has resulted in increased inefficiencies in the lending process, making it increasingly challenging for lenders to ensure compliance and maximize efficiency. Read More

accounts payable outsourcing accounting

Why Accounts Payable Outsourcing is Important for a Growing Firm?

By Bookkeeping and Accounting, Finance & Accounting, Financial Services
Growing businesses need to establish good relationships with vendors and suppliers. Vendors may often use varying types of invoicing standards or procedures, creating difficulties for the in-house accounts payable department. Such inputs can create problems and lead to erroneous databases that can disrupt the entire workflow and often lead to delayed payments and lost accounts.
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accounts payable outsourcing data entry

How To Outsource Your Accounts Payable Process

By Bookkeeping and Accounting, Business Process Outsourcing, Finance & Accounting, Financial Services
The Accounts Payable task is typically a long and tedious process involving extensive hours of redundant efforts to work through piles of paper-based invoices. According to Ardent Partners’ Accounts Payable Metrics that Matter in 2020, the top challenges holding Accounts Payable back are exceptions, lengthy invoice approval times, and too much paper. Read More

utility bill data financial descision outsourcing blog

How Smart Companies are Using Utility Bill Data in their Financial Decision Making

By Finance & Accounting, Utility Bill Processing
Streamlined and automated collection, validation, reporting, and payment results in optimized utility bill processes that can deliver better data quality and more transparency to accounts payable. Improved visibility into utility costs and consumption with automated utility bill processing helps companies evaluate and prioritize cost-saving initiatives. Utility managers in the companies can summarize and pivot utility bill data to identify cost reduction opportunities and make financial decisions.
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Accounts payable outsourcing companies

Why Smart Companies are Outsourcing their Accounts Payable

By Business Process Outsourcing, Finance & Accounting, Financial and Accounting
The corporate environment is getting a lot more competitive in this technological era. Companies are looking to outsource their business processes as a thriving solution to improve their services, lower costs, and stand apart from their peers. One of their most crucial business processes is accounts payable (AP), which includes approving invoices and bills for all payments. AP tasks are huge each day and makes it an arduous task. Read More